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European stocks start the week higher as global markets rally

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European stocks opened higher Monday as global market sentiment rises.

was up 0.5% shortly after trading began, with regional bourses and sectors mostly starting the day in positive territory. Autos stocks led gains, adding around 1.3%.

French IT firm Atos said Monday that it had received a non-binding offer from France's government for its advanced computing activities. The offer proposed enterprise value of 500 million euros , Atos added. China on Monday kept its medium-term lending rate steady, as the country's central bank seeks to stabilize the yuan which has come under pressure following Donald Trump's victory in the U.S. presidential election.

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